Trans World Entertainment (NASDAQ:TWMC) Share Price Passes Below 200-Day Moving Average of $0.00

Shares of Trans World Entertainment Co. (NASDAQ:TWMC) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.00 and traded as low as $5.05. Trans World Entertainment shares last traded at $5.20, with a volume of 1,100 shares changing hands.

The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.27 and a current ratio of 1.93. The business’s 50 day simple moving average is $0.38 and its 200 day simple moving average is $0.40.

Trans World Entertainment’s stock is scheduled to reverse split on the morning of Friday, August 16th. The 1-20 reverse split was announced on Tuesday, July 16th. The number of shares owned by shareholders will be adjusted after the market closes on Thursday, August 15th.

Trans World Entertainment (NASDAQ:TWMC) last posted its quarterly earnings data on Tuesday, May 28th. The specialty retailer reported ($4.20) EPS for the quarter. Trans World Entertainment had a negative net margin of 24.04% and a negative return on equity of 36.03%. The firm had revenue of $80.15 million for the quarter.

About Trans World Entertainment (NASDAQ:TWMC)

Trans World Entertainment Corporation, together with its subsidiaries, operates as a specialty retailer of entertainment products. The company operates in two segments, For Your Entertainment (fye) and etailz. The fye segment offers trend, video, music, electronics, and related products, as well as used compact discs, DVDs, Blu-Ray, and video games through its retail stores and e-commerce sites.

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